Autodesk delivered meaningfully expanded revenue, cash flow, and balance sheet strength in fiscal 2026, while accelerating share repurchases and rebranding its Construction Cloud platform.
Revenue and gross profit grew notably at roughly 17-18% YoY, demonstrating continued subscription momentum and pricing power in Autodesk's core design and construction software markets. Operating cash flow expanded substantially — growing more than half again versus the prior year — signaling improved cash conversion that supports both the accelerated buyback program (share repurchases grew meaningfully to $1.4B) and ongoing capital allocation flexibility. The combination of healthy top-line growth, expanding operating income, and a strengthening balance sheet presents a constructive picture for long-term shareholders, though the premium valuation typical of ADSK means execution consistency remains critical.
Autodesk grew revenue to $7.2B (+17.5% YoY) with gross profit expanding to $6.6B (+18.1%), indicating stable-to-improving margins at scale, while operating income reached $1.6B (+16.5%). On the balance sheet, current assets grew to $4.9B (+41.9%), cash and equivalents rose to $2.2B (+40.7%), and accounts receivable expanded to $1.4B (+42.8%), reflecting both business growth and potentially favorable billing cycle dynamics under the company's transaction model transition. Operating cash flow grew substantially to $2.5B, enabling Autodesk to meaningfully step up share repurchases to $1.4B, collectively signaling a maturing, cash-generative business with increasing capacity to return capital to shareholders.
Share repurchases increased 64.6% — management returning capital, signals confidence in intrinsic value.
Operating cash flow surged 52.6% — exceptional cash generation, highest quality earnings signal.
Receivables surged 42.8% — revenue recognized but not yet collected; watch for collection issues or channel stuffing.
Current assets grew 41.9% — improving short-term liquidity or inventory/receivables build.
Cash position surged 40.7% — strong cash generation or capital raise providing significant financial cushion.
Gross profit expanding — improving pricing power or product mix shift toward higher-margin offerings.
Revenue growing 17.5% — solid top-line momentum, watch margins for quality of growth.
Operating income improving — cost discipline or growing revenue base absorbing fixed costs.
Equity base grew 16.2% — retained earnings accumulation or equity issuance strengthening the balance sheet.
Asset base grew 15.1% — expansion through organic growth, acquisitions, or capital deployment.
See what changed in your portfolio's filings
500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.
Try Tracenotes free →